REGISTERED NUMBER: 08479897 (England and Wales)

G.W.B. FIREWOOD LOGS LIMITED

Unaudited Financial Statements

for the Year Ended 31 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G W Burkinshaw

REGISTERED OFFICE:

1 Park View Court

St Pauls Road

Shipley

West Yorkshire

BD18 3DZ

REGISTERED NUMBER:

08479897 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Tangible assets

4

170,806

204,467

CURRENT ASSETS

Stocks

125,000

122,000

Debtors

5

5,704

768

Cash at bank

21

20

130,725

122,788

CREDITORS

Amounts falling due within one year

6

112,182

114,860

NET CURRENT ASSETS

18,543

7,928

TOTAL ASSETS LESS CURRENT LIABILITIES

189,349

212,395

CREDITORS

Amounts falling due after more than one year

7

(75,071

)

(102,786

)

PROVISIONS FOR LIABILITIES

9

(25,169

)

(22,833

)

NET ASSETS

89,109

86,776

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

89,108

86,775

SHAREHOLDERS' FUNDS

89,109

86,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 May 2026 and were signed by:

G W Burkinshaw - Director

1.	STATUTORY INFORMATION

G.W.B. FIREWOOD LOGS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on cost

Motor vehicles

-

25% on reducing balance

Equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Motor

property

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

7,500

48,157

281,004

336,661

DEPRECIATION

At 1 September 2024

6,000

30,996

95,198

132,194

Charge for year

1,499

4,291

27,871

33,661

At 31 August 2025

7,499

35,287

123,069

165,855

NET BOOK VALUE

At 31 August 2025

1

12,870

157,935

170,806

At 31 August 2024

1,500

17,161

185,806

204,467

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

Equipment

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

27,791

210,839

238,630

DEPRECIATION

At 1 September 2024

12,158

59,797

71,955

Charge for year

3,908

22,657

26,565

At 31 August 2025

16,066

82,454

98,520

NET BOOK VALUE

At 31 August 2025

11,725

128,385

140,110

At 31 August 2024

15,633

151,042

166,675

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,779

768

Other debtors

3,925

-

5,704

768

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

15,086

16,638

Hire purchase contracts

41,237

39,595

Trade creditors

30,171

28,896

Taxation

819

3,394

Other creditors

24,869

26,337

112,182

114,860

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

2,775

6,475

Hire purchase contracts

72,296

96,311

75,071

102,786

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Hire purchase contracts

113,533

135,906

Hire purchase creditors are secured against the specific assets to which they relate (see note 6).

9.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

25,169

22,833

Deferred

tax

£

Balance at 1 September 2024

22,833

Charge to Income Statement during year

2,336

Balance at 31 August 2025

25,169